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Story perspectives

UK and EU Markets Soar as Halo Trade Thrives

3/1/2026

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Story summary
  • Halo trade has driven UK and EU stock markets to record highs as investors favor tangible-asset firms.
  • The Goldman Sachs Group, Inc. notes capital-intensive firms outperformed capital-light firms by 35% since 2025.
  • The FTSE 100 gained on energy and mining as US tech stocks faced AI-related pressure.
  • Analysts warn autonomous AI could disrupt economy and jobs, while pan-European Stoxx 600 reached record levels due to sector rotation.